1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
navik [9.2K]
3 years ago
13

Can someone PLEASE help me with this question?

Mathematics
1 answer:
disa [49]3 years ago
4 0

9514 1404 393

Answer:

  11

Step-by-step explanation:

The future value of the account is given by the formula ...

  A = P(1 +r/12)^(12t) . . . . principal P invested at rate r for t years

Solving for t, we find ...

  A/P = (1 +r/12)^(12t) . . . . . . . . . . . divide by P

  log(A/P) = 12t·log(1 +r/12) . . . . . . take logs

Divide by the coefficient of t, then fill in the numbers.

  t = log(A/P)/(12·log(1 +r/12)) = log(202800/93000)/(12·log(1 +.068/12))

  t ≈ 11.497

It will take about 11 years for the account balance to reach the desired amount.

You might be interested in
Each year about 1500 students take the introductory statistics course at a large university. This year scores on the nal exam ar
nikitadnepr [17]

Answer:

a) Left-skewed

b) We should expect most students to have scored above 70.

c) The scores are skewed, so we cannot calculate any probability for a single student.

d) 0.08% probability that the average score for a random sample of 40 students is above 75

e) If the sample size is cut in half, the standard error of the mean would increase fro 1.58 to 2.24.

Step-by-step explanation:

To solve this question, we need to understand skewness,the normal probability distribution and the central limit theorem.

Skewness:

To undertand skewness, it is important to understand the concept of the median.

The median separates the upper half from the lower half of a set. So 50% of the values in a data set lie at or below the median, and 50% lie at or above the median.

If the median is larger than the mean, the distribution is left-skewed.

If the mean is larger than the median, the distribution is right skewed.

Normal probabilty distribution:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

Central limit theorem:

The Central Limit Theorem estabilishes that, for a random variable X, with mean \mu and standard deviation \sigma, the sample means with size n of at least 30 can be approximated to a normal distribution with mean \mu and standard deviation, also called standard error of the mean s = \frac{\sigma}{\sqrt{n}}

(a) Is the distribution of scores on this nal exam symmetric, right skewed, or left skewed?

Mean = 70, median = 74. So the distribution is left-skewed.

(b) Would you expect most students to have scored above or below 70 points?

70 is below the median, which is 74.

50% score above the median, and 50% below. So 50% score above 74.

This means that we should expect most students to have scored above 70.

(c) Can we calculate the probability that a randomly chosen student scored above 75 using the normal distribution?

The scores are skewed, so we cannot calculate any probability for a single student.

(d) What is the probability that the average score for a random sample of 40 students is above 75?

Now we can apply the central limit theorem.

\mu = 70, \sigma = 10, n = 40, s = \frac{10}{\sqrt{40}} = 1.58

This probability is 1 subtracted by the pvalue of Z when X = 75. So

Z = \frac{X - \mu}{\sigma}

By the Central limit theorem

Z = \frac{X - \mu}{s}

Z = \frac{75 - 70}{1.58}

Z = 3.16

Z = 3.16 has a pvalue of 0.9992

1 - 0.9992 = 0.0008

0.08% probability that the average score for a random sample of 40 students is above 75

(e) How would cutting the sample size in half aect the standard error of the mean?

n = 40

s =  \frac{10}{\sqrt{40}} = 1.58

n = 20

s =  \frac{10}{\sqrt{20}} = 2.24

If the sample size is cut in half, the standard error of the mean would increase fro 1.58 to 2.24.

4 0
3 years ago
The cost of tuition at a college is $13,500 and is increasing at a rate of 3.75% each year. Use an exponential function to find
poizon [28]

13=

500=

3.75%=0.0375

year=0.0375

4 years=0.0375

i think thats it

4 0
3 years ago
The rectangles in the figure below are similar. Find the value of x
V125BC [204]

Answer:

C. 6

Step-by-step explanation:

It is given that the rectangles in the figure are similar.

<em>Thus, the corresponding sides of the two rectangles will be equal.</em>

So, we get,

\frac{3}{x}=\frac{5}{x+4}

i.e. 3(x+4)=5x

i.e. 3x+12=5x

i.e. 2x=12

i.e. x = 6.

Hence, the value of x is 6.

3 0
4 years ago
Read 2 more answers
What is 720° converted to radians?
Virty [35]

Answer: The correct answer is D

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
Algebra applications: find the value of x and y​
evablogger [386]

Answer:

If you have given an equation, you see the x and y in it. Just taking second equation and think any common factor between x's variable. With common factor, multiply both and you will find the value of y and put it in any equation, you will find the value of X.

Step-by-step explanation:

hope this helps you :)

3 0
3 years ago
Other questions:
  • How are conditional probability and independent events related?
    6·1 answer
  • If X - A = B, what is X?
    13·1 answer
  • Consider the line y = 5x.
    6·1 answer
  • Two sides of a triangle have lengths of 5 and 9. Which inequalities
    15·1 answer
  • Ruth uses healthy credit to finance $2,200 for a hearing aid how much would she have to pay each month to pay back the loan in e
    13·1 answer
  • I’ll give points + brainalist for the correct answer (:
    8·1 answer
  • What is the answer to, 2 plus 2 impossible
    9·2 answers
  • Order the following numbers from least to greatest.<br> Put the least value on the left.
    12·2 answers
  • Pls help!! I’ve been trining to get the answer but I can’t pls help!!
    5·2 answers
  • How did the greeks defend themselves from dorian rules?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!